Category: economy
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Media Monitor: WSJ Opinion Warns on Real Wages, Weighs 9/11 Legacy and AI
The Wall Street Journal's editorial board says President Trump's real economic problem is real wages, arguing the best response is to let Kevin Warsh and the Federal Reserve bring inflation down.
Politics and GovernmentBusinessMediaEconomyFinancial MarketsArtificial IntelligenceLegalElection Wall Street JournalDonald Trumpreal wagesFederal ReserveKevin Warsh9/11 anniversaryWall Street Journal Editorial Board
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Alaska Joins Bipartisan Lawsuit Against Amazon Over Deceptive Ad Auctions
Alaska Acting Attorney General Cori Mills joins 22 states and the FTC in suing Amazon, alleging it secretly overcharged about 1.2 million advertising customers through manipulated ad auctions.
Politics and GovernmentBusinessLaw EnforcementEducationEnergyLegalState GovernmentsEconomyEmployment and Labor Amazon lawsuitCori MillsMike DunleavyAlaska Career GuidePatriot Day 2026Federal Trade CommissionAlaskaOffice of the Alaska Governor
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Media Monitor: Trump Marks 9/11 Anniversary at Pentagon as GOP Holds First Midterm Convention
Newsweek reports Trump commemorated 25 years since 9/11 at the Pentagon, headlined the GOP's first midterm convention in Dallas, and said the Iran war will run past November.
Politics and GovernmentBusinessMediaConflictRepublican PartyDemocratic PartyEconomyFinancial MarketsMiddle EastElection Donald TrumpSeptember 11 attacksPentagonGOP midterm conventioninflationIran warJimmy KimmelNewsweek
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Media Monitor: Newsweek Reports on 9/11 Anniversary Speech, Inflation and Diesel Prices, and Missouri Redistricting Ruling
Newsweek reports Trump marked the 25th anniversary of 9/11 at the Pentagon, inflation stayed elevated as diesel hit a record high, and a Supreme Court ruling blocked Missouri's GOP map.
Politics and GovernmentBusinessHealthMediaUSAWhite HouseEconomyFinancial MarketsElectionLegal September 11 anniversaryDonald TrumpPentagoninflationdiesel pricesMissouri redistrictingKash PatelNewsweek
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Ohio Governor DeWine's Week: $50M Talent Search Grant, $20.7M for Community Schools, $14M for Workforce Housing
Ohio lands the largest federal Talent Search Grant at $50 million, plus $20.7 million for community schools and $14 million for workforce housing in 10 counties.
Politics and GovernmentUSAEducationState GovernmentsSportEconomySocial Issues Mike DeWineJim TresselTalent Search Grantcommunity schoolsworkforce housingPatriot DayOhioOhio Governors Office
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Virginia General Fund Revenues Up 5.4% Year-to-Date Through August
Governor Spanberger says August revenues rose 2.8% and year-to-date collections grew 5.4%, ahead of forecast by 1.8%, driven by strong sales tax receipts.
Politics and GovernmentBusinessUSAState GovernmentsEconomyFinancial MarketsGeneral Politics VirginiaAbigail SpanbergerGeneral Fund revenuesMark D. Sicklessales taxstate budgetinflationReston
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Social Security Administration Alerts Missouri Residents to Changed Office Status
The Social Security Administration says the operational status of local offices, card centers and hearing offices in Missouri has changed, and points users to online services for most business.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomySocial Issues Social Security AdministrationMissouriSocial Security officemy Social Security accountretirement benefitsdisability benefitsMedicare
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Social Security Administration Announces Operational Status Change at Delaware Offices
The Social Security Administration says the operational status of local offices, card centers and hearing offices in Delaware has changed, and points recipients to online services for routine business.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomySocial Issues Social Security AdministrationDelawareSocial Security office statusmy Social Security accountonline servicesretirement benefitsMedicare
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Lamont Announces Contest to Win Celebrity Foodie Experience With Chef Scott Conant at Connecticut TV-to-Table Trail Launch
Connecticut launches its TV-to-Table Trail on October 5 with a contest giving one grand prize winner a seat beside chef Scott Conant judging a live cooking challenge.
Politics and GovernmentEntertainmentBusinessUSAState GovernmentsFilm and TVEconomySocial Issues Connecticut TV-to-Table TrailScott ConantNed LamontConnecticut tourismcooking competitionFood NetworkConnecticut Office of Statewide Marketing and TourismConnecticut Governors Office
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DeWine Announces $14 Million in Grants for Workforce Housing in 10 Ohio Counties
Ohio awards $14 million in second round of REDD grants to create workforce housing near major economic development projects in 10 counties, out of nearly $69 million requested.
Politics and GovernmentBusinessUSAState GovernmentsReal EstateEconomySocial Issues Mike DeWineResidential Economic Development DistrictOhio Department of Developmentworkforce housingJim TresselLydia MihalikHouse Bill 96Ohio Governors Office
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Federal Reserve Releases Latest Z.1 Financial Accounts of the United States
The Federal Reserve Board has published the newest edition of its Z.1 Financial Accounts of the United States report, with the latest data now available to the public.
BusinessPolitics and GovernmentUSAEconomyBankingFinancial MarketsFederal Government Federal ReserveFinancial Accounts of the United StatesZ.1Federal Reserve BoardWashington DCcentral bankeconomic dataU.S. Federal Reserve
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Media Monitor: Newsweek Examines Trump's $5,000 'Dividend' Promise, Putin's Migrant Labor Plan and 9/11 Anniversary Reflections
Newsweek reports on President Trump's promised $5,000 "Trump Dividend" for adults if Republicans keep Congress, Russia's migrant labor strategy, and 25th anniversary 9/11 reflections.
Politics and GovernmentBusinessMediaUSARussiaIranGeneral PoliticsWhite HouseRepublican PartyCongressEconomyEnergySocial IssuesElection Donald TrumpTrump DividendVladimir PutinSeptember 11 attacksdiesel pricesNewsweek
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Social Security Administration Alerts Michigan Residents to Changed Office Status
The Social Security Administration says the operational status of Michigan offices, card centers and hearing offices has changed, and points users to online services for benefits, applications and account management.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomySocial Issues Social Security AdministrationMichiganSocial Security officemy Social Security accountretirement benefitsdisability benefitsMedicare
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Social Security Administration Announces Operational Status Change at Mississippi Offices
The Social Security Administration says the operational status of local offices, card centers and hearing offices in Mississippi has changed, and directs the public to check online.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomySocial Issues Social Security AdministrationMississippiSocial Security officemy Social Security accountretirement benefitsdisability benefitsMedicare
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UK and U.S. Regulators Hold Joint Exercise on Central Counterparty Resolution
Senior officials from five U.S. and UK financial authorities met September 3, 2026, for a tabletop exercise on the hypothetical resolution of central counterparties, continuing joint work dating to 2017.
BusinessPolitics and GovernmentUSAUnited KingdomFinancial MarketsBankingFederal GovernmentEconomy Commodity Futures Trading CommissionBank of Englandcentral counterpartiesCCP resolutionSecurities and Exchange CommissionFederal Deposit Insurance CorporationFederal Reserve Board
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US and UK Regulators Hold Joint Exercise on Central Counterparty Resolution
Senior officials from the SEC, FDIC, CFTC, Federal Reserve Board and Bank of England met on Sept. 3, 2026 for a tabletop exercise on central counterparty resolution.
BusinessPolitics and GovernmentUSAUnited KingdomFinancial MarketsBankingFederal GovernmentEconomy Securities and Exchange CommissionBank of Englandcentral counterparty resolutionFederal Deposit Insurance CorporationCommodity Futures Trading CommissionFederal Reserve Boardtabletop exercise
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OCC Proposes Tailored Third-Party Risk Management Guidance for Community Banks
The OCC proposed guidance tailoring third-party risk management to actual risk and issued a joint statement clarifying supervision of core service providers, part of its community bank burden-reduction push.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the Currencycommunity banksthird-party risk managementJonathan V. Gouldcore service providersbank supervisionregulatory burdenOffice of the Comptroller of the Currency (OCC)
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OCC, Fed and FDIC Clarify Risk-Based Supervision of Core Providers Serving Community Banks
Three federal banking agencies issue a joint statement clarifying how they will supervise core providers to community banking organizations and when enforcement action may follow.
BusinessPolitics and GovernmentUSABankingFederal GovernmentLegalEconomy Office of the Comptroller of the CurrencyFederal Reserve BoardFederal Deposit Insurance Corporationcommunity banking organizationscore providersrisk-based supervisionthird party risk managementOffice of the Comptroller of the Currency (OCC)
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Census Bureau Releases August 2026 Business Formation Statistics
U.S. Census Bureau releases August 2026 Business Formation Statistics, offering monthly data on new business applications and formations nationwide, by region and state, plus Puerto Rico.
BusinessPolitics and GovernmentEconomyFederal GovernmentEmployment and LaborUSA U.S. Census BureauBusiness Formation Statisticsbusiness applicationsPuerto RicoFederal Reserveeconomic dataAugust 2026
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Federal Reserve and Agencies Seek Comment on Third-Party Risk Management Guidance
Federal banking agencies propose new third-party risk management guidance for comment and issue a statement on community bank engagement with core service providers.
BusinessPolitics and GovernmentBankingFederal GovernmentEconomyLegal Federal Reserve Boardthird-party risk managementcommunity bankscore service providersbanking regulationpublic commentBoard of GovernorsU.S. Federal Reserve
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Media Monitor: TIME Reports Houthi Capture of Yemen Port City, New U.S. Iran Sanctions and 'Buy Canadian' Boycott Wave
TIME reports Houthi rebels seized Yemen's Mokha port, new U.S. Treasury sanctions on Iranian airlines, a surging "Buy Canadian" boycott, and 9/11's 25th anniversary tributes.
WorldPolitics and GovernmentBusinessHealthMiddle EastTradeMilitaryEconomySocial Issues HouthisMokhaYemenIran sanctionsMahan AirBuy Canadian movement9/11 anniversaryTIME magazine
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Social Security Administration Alerts Wisconsin Customers to Changed Office Status
SSA says the operational status of local offices, card centers and hearing offices in Wisconsin has changed, and points customers to online services for benefits, applications and account management.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomySocial Issues Social Security AdministrationWisconsinSocial Security office statusmy Social Security accountonline servicesretirement benefitsMedicare
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Real Average Hourly Earnings Fall 0.1% in August as Inflation Outpaces Pay
BLS reports real average hourly earnings for all employees decreased 0.1 percent in August, as a 0.3 percent rise in average hourly earnings was outpaced by a 0.4 percent CPI-U increase.
BusinessUSAEconomyEmployment and LaborFederal GovernmentFinancial Markets Bureau of Labor StatisticsReal EarningsReal average hourly earningsAverage hourly earningsCPI-UReal average weekly earningsAugust 2026
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US Consumer Prices Rise 0.4% in August as Gasoline Climbs
BLS reports the Consumer Price Index for All Urban Consumers rose 0.4% in August and 3.4% over 12 months, with core prices up 0.3% for the month and 2.4% for the year.
BusinessEconomyFederal GovernmentFinancial MarketsUSA Consumer Price IndexBureau of Labor Statisticsinflationgasoline pricesAll Urban ConsumersUnited States economy
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Yale Marks 25th Anniversary of 9/11 as a New Generation Reflects
Yale students, most born after the Sept. 11 attacks, gathered at Reese Stadium to mark the 25th anniversary, while Harkness Tower bells ring and campus events explore the tragedy's legacy.
HealthScience & TechnologyMediaEducationMedical ScienceClimate ChangeEconomyElection Yale University9/11 anniversaryReese StadiumHarkness TowerDavid Blightaxial spondyloarthritisranked-choice votingUniversity
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Social Security Administration Alerts New York Offices of Operational Status Change
The Social Security Administration says the operational status of local offices, card centers and hearing offices in New York has changed, and points recipients to online services for most business.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomyComputers and Internet Social Security AdministrationNew YorkSocial Security officemy Social Security accountMedicareretirement benefitsdisability benefits
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Social Security Administration Announces Operational Status Change at Arizona Offices
The Social Security Administration says the operational status of local offices, card centers and hearing offices in Arizona has changed, and directs the public to check status online.
Politics and GovernmentHealthUSAFederal GovernmentState GovernmentsEconomyComputers and Internet Social Security AdministrationArizonaSocial Security officemy Social Security accountRetirement BenefitsDisability BenefitsMedicare
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Media Monitor: Newsweek Marks 9/11 Anniversary, Reports GOP Stance on AI Data Centers and Record Diesel Prices
Newsweek marks the 25th anniversary of 9/11, reports Republican leaders' cautious support for AI data centers, and details a record diesel price spike tied to the Iran war.
Politics and GovernmentBusinessScience & TechnologyWorldUSAUkraineIranGeneral PoliticsRepublican PartyArtificial IntelligenceEconomyEnergyElectionMilitary September 11 attacksNewsweekDonald TrumpAI data centersdiesel pricesIran warUkraine drone industryIndiana Republican primary
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Treasury Welcomes Revised GloBE Information Return, Implementing Trump's Day One Executive Order
Treasury welcomes the revised GloBE Information Return, saying it implements President Trump's Day One executive order and shields U.S.-headquartered companies from overlapping foreign minimum taxes.
Politics and GovernmentBusinessUSAFederal GovernmentEconomyTradeLegal U.S. Department of the TreasuryGloBE Information ReturnScott BessentOECD Pillar Twoside-by-side safe harborinternational taxDonald Trump executive orderUS Treasury
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OCC Raises Asset Threshold to $6 Billion, Extending Exam Cycle for About 50 More Community Banks
The OCC published an interim final rule raising the asset threshold to $6 billion under the 21st Century ROAD to Housing Act, making roughly 50 more institutions eligible for an 18-month exam cycle.
BusinessPolitics and GovernmentUSABankingFederal GovernmentEconomyLegal Office of the Comptroller of the Currency21st Century ROAD to Housing ActJonathan V. Gouldcommunity banksexamination cyclebank regulationScott BessentOffice of the Comptroller of the Currency (OCC)